XML 115 R7.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Capital Contributed in Excess of Par Value
Accumulated Earnings
Accumulated Other Comprehensive (Loss) Income
Shareholders' equity attributable to Culp Inc.
Non-Controlling Interest
Balance at Apr. 29, 2018 [1] $ 163,376 $ 623 $ 48,203 $ 114,635 $ (85) $ 163,376  
Balance (in shares) at Apr. 29, 2018 [1]   12,450,276          
Net income (loss) 965     957   957 $ 8
Acquisition of subsidiary with non-controlling interest 4,532           4,532
Stock-based compensation (501)   (501)     (501)  
Unrealized gain on foreign currency cash flow hedge 15       15 15  
Unrealized gain (loss) on investments 134       134 134  
Common stock issued in connection with vesting of performance based restricted stock units   $ 6 (6)        
Common stock issued in connection with vesting of performance based restricted stock units (in shares)   115,917          
Common stock issued in connection with vesting of time-based restricted stock units (in shares)   1,200          
Common stock surrendered for withholding taxes payable (1,292) $ (2) (1,290)     (1,292)  
Common stock surrendered for withholding taxes payable (in shares)   (42,157)          
Common stock repurchased (72)   (72)     (72)  
Common stock repurchased (in shares)   (2,990)          
Dividends paid (1,127)     (1,127)   (1,127)  
Balance at Jul. 29, 2018 166,030 $ 627 46,334 114,465 64 161,490 4,540
Balance (in shares) at Jul. 29, 2018   12,522,246          
Balance at Apr. 29, 2018 [1] 163,376 $ 623 48,203 114,635 (85) 163,376  
Balance (in shares) at Apr. 29, 2018 [1]   12,450,276          
Net income (loss) 3,909            
Unrealized gain on foreign currency cash flow hedge 56            
Unrealized gain (loss) on investments 91            
Common stock repurchased (in shares)   (36,880)          
Balance at Oct. 28, 2018 167,469 $ 625 45,959 116,272 62 162,918 4,551
Balance (in shares) at Oct. 28, 2018   12,491,956          
Balance at Apr. 29, 2018 [1] 163,376 $ 623 48,203 114,635 (85) 163,376  
Balance (in shares) at Apr. 29, 2018 [1]   12,450,276          
Balance at Apr. 28, 2019 [1] 164,247 $ 620 43,694 115,579 40 159,933 4,314
Balance (in shares) at Apr. 28, 2019 [1]   12,391,160          
Balance at Jul. 29, 2018 166,030 $ 627 46,334 114,465 64 161,490 4,540
Balance (in shares) at Jul. 29, 2018   12,522,246          
Net income (loss) 2,944     2,933   2,933 11
Stock-based compensation 395   395     395  
Unrealized gain on foreign currency cash flow hedge 41       41 41  
Unrealized gain (loss) on investments (43)       (43) (43)  
Fully vested common stock award   3,600          
Common stock repurchased (772) $ (2) (770)     (772)  
Common stock repurchased (in shares)   (33,890)          
Dividends paid (1,126)     (1,126)   (1,126)  
Balance at Oct. 28, 2018 167,469 $ 625 45,959 116,272 62 162,918 4,551
Balance (in shares) at Oct. 28, 2018   12,491,956          
Balance at Apr. 28, 2019 [1] 164,247 $ 620 43,694 115,579 40 159,933 4,314
Balance (in shares) at Apr. 28, 2019 [1]   12,391,160          
Net income (loss) 1,174     1,338   1,338 (164)
Stock-based compensation 154   154     154  
Unrealized gain (loss) on investments 6       6 6  
Common stock issued in connection with vesting of performance based restricted stock units   $ 1 (1)        
Common stock issued in connection with vesting of performance based restricted stock units (in shares)   12,776          
Fully vested common stock award   3,659          
Common stock surrendered for withholding taxes payable (44)   (44)     (44)  
Common stock surrendered for withholding taxes payable (in shares)   (2,581)          
Dividends paid (1,241)     (1,241)   (1,241)  
Capital contributions from non-controlling interest 40           40
Balance at Aug. 04, 2019 164,336 $ 621 43,803 115,676 46 160,146 4,190
Balance (in shares) at Aug. 04, 2019   12,405,014          
Balance at Apr. 28, 2019 [1] 164,247 $ 620 43,694 115,579 40 159,933 4,314
Balance (in shares) at Apr. 28, 2019 [1]   12,391,160          
Net income (loss) 3,366            
Unrealized gain (loss) on investments 15            
Balance at Nov. 03, 2019 165,922 $ 621 44,109 116,735 55 161,520 4,402
Balance (in shares) at Nov. 03, 2019   12,411,957          
Balance at Aug. 04, 2019 164,336 $ 621 43,803 115,676 46 160,146 4,190
Balance (in shares) at Aug. 04, 2019   12,405,014          
Net income (loss) 2,192     2,300   2,300 (108)
Stock-based compensation 313   313     313  
Unrealized gain (loss) on investments 9       9 9  
Common stock issued in connection with vesting of performance based restricted stock units (in shares)   2,862          
Fully vested common stock award   4,520          
Common stock surrendered for withholding taxes payable (7)   (7)     (7)  
Common stock surrendered for withholding taxes payable (in shares)   (439)          
Dividends paid (1,241)     (1,241)   (1,241)  
Capital contributions from non-controlling interest 320           320
Balance at Nov. 03, 2019 $ 165,922 $ 621 $ 44,109 $ 116,735 $ 55 $ 161,520 $ 4,402
Balance (in shares) at Nov. 03, 2019   12,411,957          
[1] Derived from audited financial statements.